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LAST WEEK REVIEW

Analysis Materials 28 June 2006 10:00

19 June

• The Azerbaijani Minister for Communications left for Malaysia

• The SOCAR established the first offshore drilling company

20 June

• A three-year program bringing closer the Azerbaijani legislation to the EU law was submitted to the Cabinet of Ministers

• Ernst & Young concluded audit at the State Oil Company of Azerbaijan

• The Minister for Economic Development met with the President of the Islamic Development Bank

21 June

• A ceremony of foundation of a new bridge was held in Baku

• General Director of HP for CIS counties visited Baku

• The second winner of Holiday Sonata lottery of Bank of Baku was defined

• The Azerbaijani Ministry of communications designed a program on rehabilitation of communications with Nagorno-Karabakh

• Citigroup announced the International Bank of Azerbaijan as the best clearing bank

22 June

• British company Polton Wenyars LTD ahs privatized Baki Telegraf

• Azerbaijan and Georgian railway specialists discussed the problems of transportation of oil and oil products

• The Education Ministry of Azerbaijan and Microsoft signed a memorandum on understanding

• Azerbaijani-Turkish business-forum stared in Baku

• A ceremony of foundation of the 8th bridge was held in Baku

• Caspian Shipping Company increased monthly salaries of the employees

• The Minster for Communications participated in the summit of Global Alliance on development and information technologies

• Azerbaijan and Georgia signed a protocol on ground post exchange

• Azercell concluded a roaming agreement with a mobile operator of Indonesia

23 June

• Azerbaijan and Germany signed an agreement on technical cooperation

• Unibank summarized the financial result of January-May 2006

• The State road company of Nakhchivan Autonomous Republic purchased new technique

• The first fair of vacancies for the banking sector was held

24 June

• The directions for use of investments additionally set in the public budget

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